Archive for the renting property Category

January 2014 Portland Metro Real Estate Update!

The Beatles - "It's Getting Better All the Time" Welcome to 2014!!!  And, the local real estate market is off with a bit of a bang, I must say!!  Although, it slowed a bit during the holidays, we really never took a break.  At certain price points, we are already seeing multiple offers and properties that languished before and during the holidays suddenly getting offers.  So, it seems to be a good omen for 2014.  In December, closed sales were 1.3% ahead of December 2012.  Portland had the best December for pending sales since 2006!!  So, that means inventory is way down to 3.2 mon… Read More

So, You’re Thinking About Selling Your Investment Property??

Reel Big Fish - Sell Out Lots of investors are in the real estate market (for obvious reasons).  There's considerable cash liquidity out there and people looking for a place to shelter their money and/or leverage their money.  So, if you want to sell an investment property, there are several things to keep in mind. The first thing to keep in mind, is that the tenant is legally entitled to at least 24 hours notice before the property is shown to a prospective buyer. You must let them know you're coming! Can your new buyer require the renter to move out?  And, how much notice is re… Read More

Why Real Estate Can Make a Superior Investment!

"Songs in the Key of Life" - Stevie Wonder Real estate definitely offers some unique and distinct advantages as an investment.  Here's some reasons why real estate can make a superior investment to other forms of asset accumulation.  Of course, nothing good comes without some knowledge base and a bit of work.  So, I would read and learn how to  maximize your real estate investments.  I would surround myself with a team of services and mentors to help and I would stay involved!   1.  Real estate can offer a predicable cash flow.  It doesn't happen overnight but if you fin… Read More

Oregon Landlord-Tenant Law Changes Coming in 2014!

Mark Sherman - Changes in My Life For my investor clients, this is very important information and I hope you find it useful.  Every two years the Oregon Landlord–Tenant Law undergoes a revision.  Seldom does a legislative session go by without any changes taking place.  This most recent session has some significant changes that will go into effect in 2014 .   Renter's Insurance: Currently, it is illegal to require a tenant to purchase renter's insurance, although many Landlords do. Beginning January 1, 2014, a Landlord can require Tenant to purchase a Renter's Insurance… Read More